Business

Vehicle sales still on the rise

Released at: 10:43, 10/07/2015

Sales in June rise 4 per cent compared to May but 57 per cent compared June last year.

by Hoai An

Motor vehicle sales reached 18,686 units in June, an increase of 4 per cent compared to May and 57 per cent compared to June last year, according to a recent report from the Vietnam Automobile Manufacturers’ Association (VAMA).

Passenger cars saw 9,769 units sold, for an increase of 9.2 per cent against May and 45 per cent against June 2014, while the number of commercial vehicles sold reached 7,834, up 0.5 per cent and 75 per cent. Only special-purpose vehicles saw a decline, of 8.1 per cent compared May, with 1,083 units sold, which was still a significant increase of 136 per cent compared to June last year.

The volume of completely-knocked-down (CKD) motor vehicles stood at 14,448, a slight increase of 3 per cent compared to May and up 56 per cent against June last year. The number of completely-built-up (CBU) units was 4,238 units, for increases of 9 per cent and 64 per cent.